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How UAE’s Mortgage Rate Drop Can Boost Homeownership Opportunities

Imagine finding out that the dream of owning a property in the UAE is becoming more attainable. Thanks to dropping mortgage rates, this dream is now closer to reality for many potential homeowners. With the real estate market evolving, homebuyers must understand these trends and how they affect property investments. Current Mortgage Landscape in the UAE What would you feel if you were planning to go...

The UAE is targeting a 7% growth in its economic sector for 2024. This ambition was expressed by the minister at the Economy Middle East Summit 2024 

 “The various global challenges encountered over time have put our resilience to the test. Nonetheless, our objective is to achieve a 7% economic growth rate in 2024.”  The UAE aspires to expand its economy and increase its gross domestic product to AED 3 trillion by 2030. The country experienced an 8% growth in 2022. The minister anticipates that the economy will see a 5% growth in...

UAE’s residential market thrives: Strong performance persists into Q1 2024

In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at 2,795 Dubai – CBRE Middle East, the global leader in commercial real estate services and investments, released its latest edition of the UAE Residential Market Review for the first quarter of 2024. In Abu Dhabi, during the first quarter of the year, the total volume of transactions stood at...

Abu Dhabi named one of the best global cities to work in – beating New York and Singapore

Abu Dhabi residents, it’s time to let your pride shine through – our city has been named one of the top five global cities to work in.  The UAE capital beat the likes of Berlin, Singapore and Barcelona to the top five according to the prestigious Boston Consulting Group.  London topped the list for another year (it has retained the top spot since 2014), but the Middle East is gaining...

What Payments You Should Make When You Rent an Apartment in Abu Dhabi

If you are a UAE expat, who just arrived, you should consider the property options for rent in the city. You will receive plenty of opportunities that match your sought-after issues such as comfort, calmness, prime location, and maybe luxurious interior designs. Before you find accommodation in the vibrant capital of the UAE, Abu Dhabi, there are essential financial considerations to understand so that...

A Remarkable Role of Abu Dhabi’s Aldar in Q1 2024 Indicates Sharp Net Profit of 88% Exceeding Expectations

The latest outstanding outcomes that have been achieved by the property developer, Aldar in Abu Dhabi’s real estate market in UAE, emphasize the robustness and promising future that this real estate market will have, informs the CEO. Recently, the data collected by Abu Dhabi’s Aldar during the first quarter of 2024 has shown a rise in net profit of 1.6 Billion AED equals to around (436 million USD)...

Luxury Living: Exploring the Most Exclusive Neighborhoods in Abu Dhabi

Abu Dhabi, the gleaming gem of the United Arab Emirates, is synonymous with opulence, extravagance, and luxury living. As the capital city, Abu Dhabi stands as a testament to the nation's unwavering dedication to modernity and progress, while still honoring its rich cultural heritage. Within the expanse of this vibrant metropolis lie enclaves of unparalleled luxury, where extravagance knows no bounds and...

Abu Dhabi to build $953mln housing for UAE citizens

Yas Canal residential project in Al Raha Beach gets approval from Crown Prince Abu Dhabi is set to build a new housing project worth AED 3.5 billion ($953 million) to deliver more than a thousand homes for UAE nationals. The launch of the Yas Canal residential project in Al Raha Beach, which will feature 1,146 villas, has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince...

Megaproject: A multi-billion eSports Island is coming to Abu Dhabi

It will be home to a new hotel, an arena and more… True Gamers has unveiled plans to develop the world’s first eSports Island in Abu Dhabi which includes a luxurious hotel (with a unique concept), high-tech venues for gaming tournaments, professional training facilities, content creation spaces, and more. True Gamers is the leading international network of eSports clubs, and the new...

Two new beach developments set to open on Yas Bay Waterfront

Expect plenty of family-friendly activities… Can’t get enough of the beach? We have good news for you. Miral has just announced the development of two beaches at Yas Bay Waterfront on Yas Island further adding to the existing lifestyle and leisure activities on the popular island. The beaches will span a length of 280 meters each, adding a total of 560 meters worth of beachfront fun to Yas...

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